In 2010, the U.S. government had tax revenues of 2,703 billion and outlays were 3,973 billion. The budget
A) deficit was 1,270 billion.
B) deficit was 3,973 billion.
C) surplus was 2,703 billion.
D) was balanced because every dollar the government spends it must raise.
E) surplus was 1,270 billion.
The table above gives a nation's government outlays and tax revenues for 2008 through 2012.
Question 2
Property rights that protect inventions are called
A) trademarks.
B) copyrights.
C) patents.
D) exclusive franchises.
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Real Price of Oil, 1861–2010
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